📊 Crypto Market Recap – July 8, 2025
Mixed signals across the board, but momentum builds in ETH and sector-wide gains
📰 Top Crypto Headlines
🟣 SharpLink Buys ETH
Between June 28–July 4, SharpLink Gaming acquired 7,689 $ETH for ~$19.2M. It now holds ~205,634 ETH.
🛡️ Tether Invests in Blockchain Forensics
Tether backs Crystal Intelligence to bolster $USDT compliance and fight crypto crime.
🇺🇸 Trump Calls for Powell’s Resignation
President Trump demands Fed Chair Powell step down.
💼 ReserveOne Merges with SPAC
ReserveOne partners with M3-Brigade Acquisition V Corp (Nasdaq) to scale its crypto asset management platform.
🏗️ BTCS Eyes $100M ETH Strategy
BTCS (Nasdaq: BTCS) plans to raise $100M by 2025 to expand its Ethereum infrastructure focus.
🏛️ Linqto Files Chapter 11
Investment platform Linqto files for bankruptcy. It holds 4.7M Ripple shares, worth ~$450M on the secondary market.
🟠 Ego Death Capital Raises $100M
The Bitcoin-native VC fund launches Fund II to support revenue-generating $BTC startups.
🧾 U.S. Tariffs Set for Aug 1
Trump confirms tariffs will go live August 1, 2025, with no deadline extensions.
🔁 Tokenization Insight from Robinhood
CEO Vlad Tenev pushes tokenization as a fix for liquidity issues and welcomes EU regulatory guidance.
📱 OpenSea Acquires Rally Wallet
OpenSea boosts mobile + token trading through Rally Wallet acquisition.
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